Accountant / Procurement Officer at Denam Properties Ltd

Department: Finance & Procurement
Location: DAL (Denam Apartments Limited), Abuja.
Reports To: General Manager/Managing Director

Job Summary

The Accountant/Procurement Officer is responsible for managing DAL’s financial records, transactions, purchasing activities, supplier relationships, and cost controls. The role ensures accurate accounting, timely procurement of goods and services, proper documentation, and effective use of company resources.

Key Responsibilities

Accounting & Financial Management

• Record and maintain accurate financial transactions and accounting records.
• Prepare invoices, payment vouchers, receipts, and other financial documents.
• Monitor income, expenses, petty cash, and daily financial transactions.
• Reconcile bank accounts, cash balances, and other financial records.
• Prepare periodic financial reports for management.
• Monitor outstanding payments and receivables.
• Assist with payroll and other financial obligations where required.
• Ensure proper documentation and filing of financial records.
• Support budgeting and cost-control activities.
• Ensure compliance with applicable financial policies and statutory requirements.

Procurement & Inventory

• Source and procure goods, services, equipment, and supplies required for daily operations.
• Obtain and compare quotations from suppliers to ensure competitive pricing.
• Evaluate suppliers based on quality, price, reliability, and delivery timelines.
• Negotiate prices and payment terms where appropriate.
• Process purchase requests and ensure timely delivery of approved items.
• Maintain accurate procurement and supplier records.
• Monitor inventory levels and ensure timely replenishment.
• Verify goods received against approved orders and invoices.
• Work with relevant departments to confirm quality and quantity of delivered items.
• Identify opportunities to reduce procurement costs and minimize wastage.

Controls & Reporting

• Ensure procurement follows approved authorization procedures.
• Maintain proper records of purchases, quotations, invoices, and supplier payments.
• Monitor expenditure against approved budgets.
• Identify unusual expenses, discrepancies, or irregularities and report them to management.
• Support internal and external audits by providing required documentation.

Qualifications & Experience

• Bachelor’s Degree/HND in Accounting, Finance.
• 2–4 years’ relevant experience in accounting, procurement, or a combined finance/procurement role.
• Professional accounting or procurement certification is an advantage.
• Experience in hospitality, shortlets, hotels, or property management is preferred.

Required Skills

• Accounting and financial reporting.
• Procurement and supplier management.
• Inventory and cost control.
• Budgeting and reconciliation.
• Negotiation and vendor management.
• Microsoft Excel/accounting software proficiency.
• Strong numerical and analytical skills.
• Attention to detail and accuracy.
• Integrity and confidentiality.
• Good communication and organizational skills.

KPIs

• Financial Record Accuracy: ≥ 98%
• Procurement Cost Savings: ≥ 5% where applicable
• Purchase Order/Documentation Compliance: 100%
• Supplier Delivery Compliance: ≥ 95%
• Budget Variance: ≤ 5%
• Inventory Variance: ≤ 2%
• Bank/Cash Reconciliation Compliance: 100%

Behavioural Expectations

The Accountant/Procurement Officer is expected to demonstrate integrity, confidentiality, accountability, accuracy, cost consciousness, professionalism, and strong attention to detail while protecting DAL’s financial resources and ensuring efficient procurement.